Report online

89. Total footlnjps $794,510 41

DISBTUSEMRNTS

3. Net amount paid policyholders for losses $79.n06 53

4. Expenses of adjustment and settlement of losses 1,347 37

5. romn»issions or brokerage 58.240 76

8. Salaries, fees and nil other charjsres of officers, directors, trus-

tees and home office employes 130 01

19-22. Taxes 5.209 92

6. 7, 9-18, 23-.32. .3.V37. Other disbursements 48.224.24

41. Total disbursements $198,658 8»

48. Balance $601.860 58

LEDGEU ASSETS

4. Bonds $502.200 00

5-7. Cash 31.007 03

8-9. Ajfents' balances 68, 653 55

16. Total ledjrer assets $601 ,860 68

17-29. Total non-ledger aswts 6,058 .32

31-40. Deduct assets not admitted 13.200 00

41. Total admitted assets $594. 718 90

LIABILITIES

6. Net amount of unpaid losses and claims $17,846 44

10. Total unearned premiums 129,409 82

18. Estimated amount hereafter payable for taxes 3.500 00

12-17, 19-25. All other liabilities 22,665 67

26. Total amount of all liabilities except capital $173,411 93

27. Statutory deposit 200,000 00

28. Surplus over all liabilities 221 ..306 97

80. Total liabilities $504. 718 00

rNDKUWRITING EXHIBIT

9. Prem'ums earned during the year $143,070 41

17. I'nderwrlting income earned during the year $143.070 41

26. Losses Incurred during the year $85,012 71

.33. T'nderwritlug expens4»s incurred during the year 70,755 .51

34. rnderwritlng losses and expenses $1.')5.768 22

85. Loss from underwrltinHr during the year $18 , 697 81

INVESTMENT EXHIBIT

4.3. Interest and rents earned during the year $21 ,807 01

50. Investment income earned during the year $21,807 01

.56. Lo.s** on Investments during the year $7,100 CO

63. Investment expenses iucurrc<l during the year 627 75

64. Investment losses an<l expenses during the .vear $7,727 7.5

65. Gain from investments during the yrar $14,079 86

MISCELLANEors EXHIBIT

74. Net 1<»SM from items 6(i 7'1. dividends, etc $15.000 00

78. Hetrease In surplus ilurlng the year $13,618 55

niSKS AND PKEMUMS

8, 9. In force, total risks covered $25, 772,. 302 00

8, 9. lu torce, total groaa premiums charged, less reinsurancte .,., 330,511 26



Digitized by



GoogI(



930 FOREIGN FIRE INSXmANCE COMPANIES. .

ATLAS ASSURANCE COMPANY, LTD.

r U. S. Offlce, 100 William St., New York City,

(Incorporated 1808; commenced business in I'. S. 1880; admitted ISDl)
V. S. Manager, Franlc Lock.

1. Statutory deposit $200,000 00

2. Amount of ledger assets, Dec. 31, of previous year 3,087,147 33

INCOME

7. Total premiums (other tluin perpetual) |l,72r>.124 «»

17. Total pross interest and rents 102. s:^ .12

18-25. From other sources e.'i.92B *^

26. Qross profit on sale or maturity of ledger assi'ts 375 C»»

28. Total Income 91.894.260 18

t9. Total footinffs $4,931,407 61

DISBrRSEMKNTS

3. Net amount paid policyholders for losses $917,490 ftft

4. Expenses of adjustment and settlement of losses 28.019 29

5. Commissions or brokerage 337,366 27

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home offlce employes 114..%05 09

19-22. Taxes .V>,Osn 72

6, 7. 9-18. 2,V32, 35-37. Other disbursements 233. 201 r»2

.38, 39. Gross loss on sale or maturity of ledger assets 157 31

41. Tout dlsbarsements $1,777,864 Bt

4$. Balanre $8.1M.«0 M

LEDGER ASSETS

1. Real estate $83.«7S 81

4. Bonds. $2,354 ,.-579.66; stocks, $287,987.f)0 2,642,.%7 16

5-7. Cash i 92.411 4H

8-9. Agents' balances 3.^'». 195 .Vi

16. Total ledger Mnein $8,154,062 99

17-29. Total non ledger assets .17,046 JHl

31-40. Deduct assets not admitted 323.3."iO 11

41. TotAl admitted assets $2,861,749 78

LIABILITIES

6. Net amount of unpaid losees and claims $118,894 91

10. Total unearned premiums 1,632.217 fts

18. Estimated amount hereafter payable for taxes 2S,500 00

12 17, 19-25. All other liabilities 10. 874 64

26. Total amount of all liabilities except capital $1,790,486 63

27. Statutory deposit 200,000 00

28. Surplus over all liabilities «77.2ttt l".

SO. Total liabiUtles $2,867,749 n

UNDERWRITING EXHIBIT

9. Premiums earned during the year $1.6)0,422 85

16. Loss from underwriting profit and lo.ss Items 7.327 75

17. ruderwrltlng Income earned during the year $1.6S3.(MI5 l«

26. Losses incurred during the year $903. 16S <»,%

• 33. Underwriting expenses Incurred during the year 723.95s 19

.34. Underwriting losses and expenses $1,627,127 iH

36. Gain from underwriting during the year $66, M8 06

INVESTMENT EXHIBIT

43. Interest and rents eanied during the year $105,, 571 <•?

49. Trotit on investments during the year 375 OU

50. Investment income earned during the year $105, U46 07

56. Loss on investments during the year $74,703 75

63. Investment expenses Incurred during the year 9,387 ."9

64. Investment losses and expenses during the year $84,(>91 r4

66. Gain from investments daring the year $21,864 73-

MISCELLANEOUS EXHIBIT

74.' Net loss from items 66-73, dividends, etc $49,012 Oft

78. Increase in surplus during the year $27,910 74

RISKS AND PREMIUMS

8. 9. In force, total risks covered $301,541,016

8, 9. In ^qree, total gross premiums ch«r^ed, less reinsurance ... ^.121,819



Digitized by LjOOQIC



FOREIGN FIRE INSURANCE COMPANIES. 931



BRITISH AMERICA ASSURANCE COMPANY

Home OfBoo, 15^22 Front St., Toronto, Canada.

(Incorporated Feb. 13, 1833; commenced business In U. S. June 19, 1835; admit-
ted 1878)

General Managed, W. B. Melkle.

1. Statutory deposit $200.000 00

2. Amount of ledger assets, Dec. 31, of previous year 1,800,836 44

INCOME

7. Total premiums (other than perpetual) , $1,007.703 01

17. Total gross Interest and rents 62, aW 23

18^ 25. From other sources 65,850 15

26. Gross profit on sale or maturity of ledger assets 15 00

«*. Total income $1 .tt«.4«7 «»

29. TotAl footings $8,0t7,t68 8S

DISBURSEMENTS

3. Net amount paid policyholders for losses $658,446 58

4. Expenses of adjustment and settlement of losses 12,200 72

5. Commissions or brokerage 258, 034 92

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 48.098 88

19-22. Taxes 38.615 74

6.7,9-18,23-32,3.^37. Other disbursements 106.088 05

34. Remitted to home office 47,177 91

41. Total disbursements $1,<MI8.«1« 75

42. Balance $1,958,651 08

LEDGER ASSETS

4. Bonds, $1,326,130.13; stocks, $60,870.00 $1,387.000 13

5-7. Cash 374,545 56

8. Agents' balances 194,861 64

12. All other ledger assets 2,248 86

16. Total ledger assets $1,958,651 08

17-29. Total non-ledger assets 23,082 58

31^0. Deduct a8.«*ets not admitted 92,652 76

41. Total admitted assets $1,889.180 90

LIABILITIES

6. Net amount of unpaid losses and claims $120,812 60

10. Total unearned premiums 1,106.767 92

18. Estimated amount hereafter payable for taxes 16,465 65

12-17, 19^ 25. All other liabilities 4.550 00

2«. Total amount of all liabilities except capital $1,247,595 97

27. Statutory deposit * 200,00000

28. Surplus over all liabilities 441,584 93

SO. Total liabilities $1,889,180 80

UNDERWRITING EXHIBIT

9. Premiums earned during the year r $985,167 27

16. Lo.^a from underwriting profit and loss items 6.999 75

17. T'nderwrltlng Income earned during the year $978, 167 52

26. Losses incurred during the year $569,694 31

.1.3. T^nderwritlng expen.ses Incurred during the year 461,618 23

.34. Underwriting losses and expenses $1,0.31,342 S:4

35. Loss from underwriting during the year $58, 175 02

INVESTMENT EXHIBIT

4.3. Interest and rents earned during the year $62,927 54

49. Profit on Investments during the year 15 OO

50. Investment Income earned during the year $62,942 54

.56. Loss on Investments during the year $10,288 81

6,3. Investment expenses incurred during thp year 1.731 18

64. Investment losses and expenses during the year $12,019 99

65. Gain from investments during tlie year $50,922 5I(

MISCELLANEOUS EXHIBIT

74. Net gain from items 60-73, dividends, etc $13,671 16

78. Increase in surplus during the year $11,418 69

RISKS AND PREMIUMS

8,9. In force, total risks covered $214,668,967 ,

8. 9. Xn force, total gross premiums charged, less reinsurance ..^^ iLizui?fj|'^®OQiC



932 FOREIGN FIRE INSURANCE COMPANIES.



CAIiEDONIAN INSURANCE COMPANY

U. 8. Office, 5a-52 Pine St, New York City.

(Incorporated 1805 ;com minced business In V. S. 1830; admitted 1800)

U. 8. Manager, Chas. H. Post.

1. Statutory deposit $'jno.ono on

2. Amount of ledger aH^ets, I>ec. 31, of previous year 2. 190,916 <!T

INCOME

7. Total premtumH (other than perpetual) $1,419.643 57

17. Total gro«« Interent and rentH 96.035 34

26. Gross profit on .sale or maturity of le<lger assetj* H4 40

38. Total Income «1 .51ft.7«3 SI

». Total footings 93.706.680 18

DISBURSEMENTS
X Net amount paid policyholders for losses $693,071 26

4. Expenses of adjustment and settlement of losses 45,S25 r:>

5. Uommissionn or brokerage 316,976 88

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 94.107 38

19-22 Taxes * . 47 036 84

6. 7. 9-18. 23-32,' '3i^37. * * Other disbursements' !.".'.;.*!!!'.!'.!.'!!!!!!!.* 243! 1 13 P5

38, 39. Gross loss on sale or maturity of ledger assets 295 32

41. Total dUbnrsements $1,441,326 88

4Z. Balance $3,265.353 30

LEDGER ASSETS

1. Real estate $439,510 58

4. Bonds, $029,361.64; stocks, $482,069.47 1,411.431 11

5 7. Cash 136, 868 61

8-9. Agents' balances 266.761 52

12. All other ledger asests 10.7S1 4R

16. Total ledger assets $2,265,853 SO

17-29. Total non-ledger assets 95.31© 79

31-40. Deduct asset» not admitted 110.227 9G

41. Total admitted assets $2,250,445 10

I.IABIDITTBS.

6. Net amount of unpaid losses and claims $126,615 24

10. Total unearned premiums 1 ,450, .322 4r»

18. Estimated amount hereafter payable for taxes 25.(Â¥)0 00

12-17. 19-25. All other liabilities 12.000 00

26. Total amount of all liabilities except capital $1,613.8,37 69

27. Statutory deposit 200,000 00

28. Surplus over all liabilities... 436,007 41

80. Total liabilities $2,250,446 10

UNDERWRITING EXHIBIT.

9. Premiums earned during the year $1,397,968 r.l

16. Gain from underwriting profit and loss items 1.098 2^

17. Underwriting income earned during the year $!..;99.<»rrfj 7«

26. Losses incurred during the year i<}W.i3l 4*2

.3.3. Underwriting expenses Incurred during the year 0«f<;. cwft 2::

.34. Underwriting losses and expenses $1,306,180 &I

35. (Jain from underwriting during the year St)2,SM5 12

INVESTMENT EXHIBIT.

43. Interest and rents earned during the year $96,972 *M

49. Profit on Investnients during the year H4 40

50. Investment income earned during the year $97,057 24

.W. Loss on investments during the year $,33,338 44

63. Investment expenses incurred during the year 25.294 fW

64. Investment losses and expenses during the year $58,633 43

65. Loss from investments during the year ' $38^423 81

MISrEULANEOUS EXHIBIT.

74. Net loss from Items 06-73, dividends, etc $113.71609

78. Increase in surplus during the year $17,593 84

RISKS AND PREMIUMS.

8, 9. In force, total risks covered $266,425,003 00

If, V. In force) total vroii premiums charged, lei« roineuranco* 8,T8S,61T 45



^OftElOK FIRE INSXTRANCE COMPANI^. 933

0OMM£RCIAIi UNION ASSURANCE COMPANY, LTD.

U. S. Office, 55 John St, New York City.
(Incorporated Sept. 28, 1801; commenced business in U. S. Jan., 1871; admitted

Jan. 1872)
L*. S. Manager, A. H. Wray.

1. Statutory deposit |200,000 00

2. Amount of ledger assets, Dec. 31, of previous year 7,ota,2il 02

INCOME.

7. Total premiums (other than perpetual; $4,725,717 31

b. Deposit premiums written on perpetual risks (gross) iA)ii tM

li. local gross interest and rents 293,872 41

18-25. From oiber sources otx.o^i lO

X6, lotal income 96,S67.4»1 18

x», 'lotal lootlngH $ix,lHU,6)»;s 8tf

DISHIRSEMENTS.

a. Net amount paid policy boiuern tor lotjHCS $2,482,131 54

•I. Expenses of adjustment and settlement of losses lis, Oil Oi>

0. Commissions or brokerage 1,147,18« 75

ii. Salaries, lees and all otuer charges ot ohicers, directors, trus-
tees and home ottlce employes 198,822 95

19 22. laxes 13tS,4iU 49

0, I, J-lN, 2'6 32, 35^7. Other disbursements 1,314,307 48

;j3. Deposit premiums returned :i,oi3 KAi

38, 3y. Oross loss on sale or maturity of ledger assets lo,uu8 82

40. Gross decreaise by ailjustmout in book value of ledger assets.. «,9i8 41

41. lotal dmbursemeuts 96,871,470 W

48 JSalance y7,66i»,i«8 71

LEDGER ASSETS.

1. Keal estate » |038,103 02

2. Mortgage loans 2a,Uou UU

4. Bonus, $5,tMH,«03.O7 ; stocks, $132,354.98 5, 19« ,248 U5

5 i. Casn 509,517 52

». Agents' balances 1, ia-»,uni 9J

J2. All other ledger nssets 710 tW

16. 'lotal ledger aitHets f7, 669, 168 71

17-20. Total non-ledger assets 2u,loM »J

31-40. Deduct nssets not admitted 398,388 91

41. Total admitted assets $7, 441, 9SS 76

LIABILITIES.
0. Net amount of unpaid losses and claims $594, 113 25

10. Total Muearned premiums 4,205,568 23

11. Amount reciaimable by the insure<l on perpetual fire insurance

policies 87,20908

IS. KsiJinjitcd amount hereafter payable for taxes..'. 90,000 00

IJ ir. H#-2r.. All other liabilities 17,710 00

2«. Total amount ol liabilities except capital $4, 91)4, 600 6«

24. Statutory dcf»osii 200,000 00

2N, Surplus over all liabilities 2,247,333 20

30. Total liabilities 7,441,938 76

INDERWUITING EXHIBIT.

1). rr»»mium8 earred during the year

10. Loss froni uudcrwrituig prout auu loss items 2,608 41

17 riiderv'tltiiig ln<'onie «'arued during the year $1,396,967 13

20. Losses incurred during the year 2.;)io,.k)4 fc4

:w, rudcrwntini^ expenses incurred during the year 1,741,714 18

'M. ruderwruiMi^ looses and expenses , 4,257^219 02

:16. Gain from under wrltlnir during the >'e«r fl89, 746 11

INVESTMENT EXHIBIT.

43. IntvMcst and rents earned during tiic year $298,19120

50. InvcstnuMit iii<'<»uie earned during the year 298,191 20

50. Lo ;8 (Ml ir ve.Ntnicnts during the year 194.895 75

03. Invt'stnient expenses Incurred during the year 51,i*32 41

M. Invtstnient looses and expenses during the year 1^.0...;^ lo

66. Gain from hi\et»tment» durinjc the year 961 468 OA

MISCELLANEOUS EXHIBIT.

74. Net l<»hs from items 0«> 73, dividends, etc $616,002 93

78. DctTease in surplus during the year lii424,791 78

RISKS AND PREMIUMS.

H. 9. In force, tola; risks covered $762,110,703 00

8, 9. 1*1 foiie, total gross premiums charged, less reinsurance.... 7,885.980 87

uiyiLizeu uy "v^j



OOgI(



934



F6RfelGN Pikte tNSUfeANCte CbMPAiWig.



GENERAL FIRE ASSURANCE

U. S. Office, 123 William St., New York City.

(Incorporated 1819; commenced business in U. S. 1910; admitted Nov. 1, 1910)

1. Statutory deposit $200,000 00

2. Amount of ledgei assets, Dec. 31, of previous year s;{6,761 39

INCOME.

7. TotJil premiums (other than perpetual) $354,013 84

17. Total gross interest aud rents 28,084 44

18-25. From other sources 20,002 99

is. Total Income $IOt,101 27

29. Total footings $1,238, MS M

DISBURSEMENTS.

3. Net amount paid policyholders for losses $199,008 73

4. Expenses of adjustment and settlement of losses 2,867 ri6

5. Commissions or brokerage • 121 ,954 U$

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 533 99

19-22. Taxes 13.030 23

6. 7, 9-18, 23-32, 35-37. Other disbursements 46,733 48

41. Total dUbursefnents $884. 194 67

42. Balance $854,667 99

LEDGER ASSETS.

4. Bonds $679,956 25

5-7. Cash •. 81,493 72

8-9. Agents' balances 05, 728 72

12. All other ledger assets 27.488 30

16. Total ledger asfiets $854,667 M

17-29. Total non-ledger assets 9,3i?4 55

31^0. Deduct assets not admitted 22,704 28

41. Total admitted assets $841,348 26

LIABILITIES

6. Net amount of unpaid losses aud claims $46,896 97

10. Total unearned premiums 343.497 16

18. Estimated amount hereafter payable for taxes 7,000 00

12-17, 19-25. All other liabilities 10.461 32

26. Total amount of all liabilities except capital $407.8^ 45

27. Statutory deposit 200,000 00

28. Surplus over all liabilities 233.492 81

SO. Total liablUtles $841,348 26

UNDERWRITING EXHIBIT

9. Premiums earned during the year $343, 170 17

16. Loss from underwriting protit and loss Items 109 78

17. Underwriting Income earned during the year $343, 06J 38

26. Losses Incurred during the year $221 .498 00

33. Underwriting expenses Incurred during the year 161.815 62

34. Underwriting losses and expenses $383,343 62

85. Loss from underwriting during the year $10,283 24

INVESTMENT EXHIBIT

43. Interest and rents earned during the year $28, 151 Jo

50. Investment income earned during the year $2S.l5l lo

56. Loss on investments during the year $15,168 75

63. Investment expenses Incurred during the year 1,652 30

64. Investment losses and expenses during the year $16,821 05

65. tialn from Investments during the year $11,330 Oft

MISCELLANEOUS EXHIBIT

74. Net loss from Items 66-73, dividends, etc $11.0^6 35

78. Decrease In surplus during the year $40,039 54

RISKS AND PREMIUMS

8, 9. In force, total risks covered $66,759,301 00

8, 9. In force, total gross premiums charged, less reinsurance .... 633, 7L! 47



Digitized by



GoogI(



FOREIGN FIRE INSURANCE COMPANIES. 935

HAMBURG-BREMEN FIRE INSURANCE COMPANY

U. S. Office, 19 Liberty Street, New York aty.

(Incorporated 1854; commenced business in U. S. 1855)

V. S. Manager, IL N. Kelsey.

1. Statutory deposit $200,000 00

2. Amount of ledger assets, Dec. 31, of previous year 1,945,922 08

INCOME

7. Total premiums (other than perpetual) $1,299,915 OS

17. Total gross interest and rents 69,964 41

la 25. From other sources 10,650 67

26. dross profit on sale or maturity t»f ledger assets 1,087 50

27. Gross Increase by adjustment In book value of ledger assets .. 250 00

28. Total Income $1,881,867 61

89. Total footings $3.S27, 789 69

D1SBIIUSE.MENTS.

3. Net amount paid policyholders for losses $750,917 25

4. Expenses of adjustment 24.378 96

5. Commissions or brokerage 228, 06i) 29

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 96,014 17

19-22. Taxes 50,764 38

6,7,9 18,23^-32,35-37. Other disbursements 193.50127

3S, 39. (Jross loss on sale or maturity of ledger assets 2,296 88

40. (Jross decrease by adjustment In book value of ledger assets.. 24,238 75

41. Total disbursements $1,379,180 P5

4«. Balance $1,948,608 U

LEDGER ASSETS.

4. Bonds $1,628,168 67

5-7. Cash 51,966 67

8-9. Agents' balances 268,473 40

16. Total ledger assets $1,948,608 74

17-29, ToUl non-ledger assets 23,500 21

31-40. Deduct assets not admitted 28,094 03

41. Total admitted assetii $1,W4,014 98

LIABILITIES

6. Net amount of uni)ald losses and claims $116,455 00

10. Total unearned premiums , 1,232,415 29

18. p:stimated amount heieafler payable for taxes 27,500 00

12 17, 19 25. All other liabilities 7,500 00

26. Total amount of all liabilities except capital $1 ,3X3,870 29

27. Statutory deposit 200,000 00

25. Surplus over all liabilities 360.144 63

SO. Total llabllltle«» $1,944,014 98

rNDKUWUITIN(} EXHIBIT

9. rremlums earned during the year $1,287,374 52

16. lioss from underwriting pndlt and loss Items 3.163 34

17. I'liderwrltlng Income fariic<l during the year $1.2S4.2ll 18

26. Luss«*s incurred during the year $724,722 25

3:t. Intlerwrltlng expenses lururre<l during llie year ».s:i.433 44

34. luderwrltlng losses and expi'iisos ^^'S^*^'!?? 2?

3.%. LoBH from underwriting during the year $28,944 51

I N VEST M E NT EX 11 1 BIT

43. Interest and rents eanuMl during the year ^"9' JH? 2®

4I>. Trollt on Investments during the year 1,3j7 oJ

.50. Investment income earned during tlie year ^'^^''S i!^

.56. Loss on Investments tluring tlie year $46,285 50

iMi. Invt'stmeut expenses Incurntl during the year 2,038 88

04. Investment hisses and expenses during the year $4S,324 HH

65. tiain from Investments during the y<»ar $88,440 02

MISCELLANEOL'S EXHIBIT

74. Net gain from Itt-ms <M» 73. dividends, etc $4,071 42

7H. Increase In surplus during the year $4,166 93

UlSKS .\ND PREMIUMS

8, 9. In fone, total risks .ovcicd $213,739,743 00

8, 9. In force, total gross premiums charged, less reinsurance .... 2,371,787 05



Digitized by



GoogI(



936 FORMON FIRE INSURANCE COMPANIES.

LAW UNION & HOCK INSURANCE COMPANY, LTD.

U. S. Office, 49 John St., New York City.

(Incorporated 1806; commenced business In U. S. 1897; admitted Not., 1807)
U. S. Miinagcr, Hall & Henshaw.

1. Statutory deposit |200,000 00

2. Amount of ledger assets, Dec. 31, of previous year 288,457 82

INCOME

7. Total premiums (other than perpetual) $448,810 55

17. Total Kross interest and rents 30,037 20

18-25. From other sources 438,925 58

««. Total Income 9918,878 SS

29. Total footingrs $1,906,881 15

DISBUUSKMENTS.

3. Net amount paid policyholders for losses $2)39.703 52

4. Expenses of adjustniont and settlement of losses 9,2Sl 70

5. Commissions or brokerage i^tf, 255 11

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 35, 399 *»5

19-22. Taxes 12, 132 IH

0, 7, 9-ls, 13-32, 35-37. Other disbur.sements 111,356 00

il8, 39. Urof»s Ioks on sale or maturity of ledger assets 57 61

41. Total dlMburseiiK'ntN $528,986 t7

42. Balance $1,882,844 88

LEDGER ASSETS.

4. Bonds, $9C8,372.(K) ; stocks, ^208,203.75 $1,268,575 75

5-7. Cash 28,117 4»

8-9. Agents' balances 9J, 151 65

16. Total ledger asttets $1,882,844 S8

17 29. Total non-ledger assets 10,134 11

31-40. Deduct assets not admitted 119,679 47

41. Total admitted aNHets $1,278,299 5S

LIABILITIES

C. Net amount of unpaid losses and claims $10,866 73

10. Total unearned premiums 448,47188

18. Estimated amount hereafter payable for taxes 14,226 13

26. Total amount of all liabilities except capital $')03,564 74

27. Statutory deposit 200,000 00

28. Surplus over all liabilities 569,734 78

ao. Total liabilities $1, 278,299 ftX

UNDEIIWIIITING EXHIBIT

9. Premiums earned during the year $453,452 53

16. Loss from underwriting profit and loss items 1.102 44

17. Under>Yriting income earned during the year $452,350 U9

26. Losses incurred during the year :i;257.232 38

3;i. Underwriting expenses incurred during the year 198.148 70

34. Underwriting losses and expenses $455,381 08

35. Loss from underwriting during the year $8,980 89

INVESTMENT EXHIBIT

43. Interest and rents earned during the year $34,285 11

50. Investment income earned during the year $.^,2^5 11

56. Loss on investments during the year $12,650 00

63. Investment expenses Incurred during the year 1,331 93

64. Investment losses and expenses during the year $13,981 93

65. Gain from investments during the year $20,808 18

MISCELLANEOUS EXHIBIT

74. Net iran from items 66-73, dividends, etc $383,379 TO

78. Imrt-ase in surplus during the year $100,651 88

IlISKS AND PREMIUMS

8, 9. In force, total risks covere<I $90,068,380 00

8, 9. In lorce, total gross premiums charged, less reinsurance 885,410 19



Digitized by



GoogI(



FOREIGN FIRE INSURANCE COMPANIES. 937

MVERPOOIi & LONDON & OIX>B|^ INSURANCE COMPANY

r. 8. Office, 80 William St.. New York City.

(Incorporated 1830; commenced bURineAs In V. S. 1848)

IT. S. Manager, Henry W. Eaton.

1. Statutory deposit $200,000 oo

2. Ampunt of ledger aMsets, Doc. 31, of previous year 13,922.57.'» 28

INCOME

7. Total premlumfi (other thnn perpetual) $8,908.1»4 RS

8. Deposit premiums written on perpetual risks (gross) 2.^3.'? r»6

17. Total gross Interest and rents 510. 6 ?4 14

18-25. From other sources 20.070 02

26. Gross profit on sale or maturity of ledger assets 1 .082 38

27. Gross Increose by adjustment In book value of ledger assets . . 2.0«7 47

tn. ToUl Inrome f 9. 446 SOS 15

29. Total footings $28,868,078 48

DISBIRSEMKNTS.

3. Net amount pnid policyholders for losses $4.0.32.432 08

4. Expenses of adjustment and settlement of losses 10<<.241 51

5. Commissions or brokerage 1,796.202 76

8. Salaries, fees and pH other charges of officers, dlre«t(»rs, trus-

tees and home office employes 30'>.5ft0 20

10-22. Taxes 200.048 TO

6. 7, 9-18, 23 .32. 3."i-.37. Other disbursements 780.641 77

33. Deposit premiums returned 8.l.?o 42

34. Paid home office 810, 1'3 12

38, 39. Gross loss en sale or maturity of ledger assets 887 22